Well, to homeschool one child for less than $300 a year, that seems like a bargain to me. There is a lot more in the Syllabus than just the schedule in the younger grades. Even though there are separate fairy tale books and craft books, the majority of the stories and ideas are actually in the Syllabus. In fact, you could easily just buy the Syllabus for the younger grades and use Grimm's Fairy Tales or Lang's, and Burgess and Clara Dillingham Pierson Animal books (all free online or at your library) for K through 2nd grade. Add knitting and an instrument, and there you go.
I think it's the best bargain out there if you are truly comparing apples to apples. Look around at a Kindergarten, or 1st--3rd grade program that is "complete" and see how much it is to add math, crafts, grammar, and other things to truly complete it. That's just my humble opinion, two cents worth and all.